7h ago
if there’s one token that’s seriously undervalued in the solana ecosystem right now,
it’s $RAY from Raydium.
yeah, you heard that right.
these guys have processed more total trading volume than any other dex on solana.
- over $15B in january alone,
- and more than $1.16 trillion in lifetime volume since launch.
- over $21B in volume last month,
- over 27% of the circulating supply
that’s $200m representing 72m $RAY bought back.
and they’ve generated over $2 BILLION in LP fees.
- 55 to 65% market share (still the undisputed leader),
competing with pump, orca, meteora, and everyone else combined.
i’m not making this up, it’s all on Dune.
when solana volume exploded earlier this year,
@raydium handled more trades than all of them put together.
this is where the real liquidity lives.
bookmark this thread
you’ll def want to see how it plays out.
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